State-owned utility Uniper expects a first tender for new German power plant capacity to take place in the second half of the year, its CEO Michael Lewis said, adding the firm was still prepared to co... ...

Closer trade ties between India and the European Union will reinforce French carmaker Renault's decision to invest in both regions, chief growth officer Fabrice Cambolive said on Tuesday, hours before the two sides finalised a landmark free trade deal. ...

The European Commission has started proceedings to assist Alphabet's Google in complying with the EU's Digital Markets Act (DMA), it said in a statement on Tuesday. ...

Core Viewpoint - TotalEnergies has entered into a long-term agreement to supply renewable electricity to SWM, indicating a strategic move towards sustainable energy solutions in the manufacturing sector [1] Group 1: Company Details - TotalEnergies will supply 800 gigawatt-hours of renewable electricity to SWM over a period of 10 years [1] - The agreement covers three sites located in France, showcasing TotalEnergies' commitment to expanding its renewable energy footprint [1]

Group 1 - Volkswagen will recall 44,551 ID.4 electric vehicles in the U.S. due to potential battery-related fire risks [1] - The recalls are part of two separate actions initiated by the National Highway Traffic Safety Administration [1] - This recall highlights ongoing safety concerns in the electric vehicle sector, particularly regarding battery technology [1]

Core Viewpoint - European equities experienced an increase on Tuesday, driven by positive corporate updates that alleviated investor concerns regarding recent trade tensions [1] Company Updates - Shares of Puma surged by 19% following favorable news related to the sportswear company [1]

Core Insights - India and the European Union have finalized a long-pending landmark trade deal, indicating a strategic move to strengthen economic ties and reduce dependency on the U.S. market [1] Group 1: Trade Deal Significance - The trade deal is seen as a response to the unpredictable nature of relations with the United States, highlighting the importance of diversifying trade partnerships [1] - Both India and the EU aim to enhance their economic cooperation through this agreement, which is expected to open new markets and opportunities for businesses in both regions [1] Group 2: Strategic Implications - The finalization of the trade deal reflects a broader trend of countries seeking to establish more stable and reliable trade relationships amid global uncertainties [1] - This agreement may lead to increased investments and trade flows between India and the EU, potentially benefiting various sectors including technology, agriculture, and manufacturing [1]

China's biggest sportswear brand Anta Sports Products said on Tuesday it would buy a 29.06% stake in Puma from the Pinault family for 1.5 billion euros ($1.8 billion), making it the biggest sharehol... ...

Core Viewpoint - The head of Abu Dhabi National Oil Company (ADNOC) projects that global oil demand will remain above 100 million barrels per day through 2040, indicating a sustained demand for oil in the coming decades [1] Group 1: Oil Demand - Global oil demand is expected to stay above 100 million barrels per day until 2040, reflecting a strong and ongoing need for oil [1] - This forecast suggests that the oil industry will continue to play a crucial role in the global energy landscape [1] Group 2: LNG and Electricity Demand - In addition to oil, there is an anticipated increase in demand for liquefied natural gas (LNG) and electricity, highlighting a broader trend in energy consumption [1] - The growth in LNG and electricity demand may indicate a shift in energy preferences and consumption patterns among global markets [1]

Core Insights - Kim Long Motor, a Vietnamese auto manufacturer, is partnering with China's BYD to develop a $130 million plant for producing batteries for commercial electric vehicles in central Vietnam [1] Company Developments - The collaboration aims to enhance the production capabilities of electric vehicle batteries in Vietnam, indicating a strategic move towards sustainable transportation solutions [1] - The investment of $130 million highlights the growing interest and commitment to the electric vehicle market in the region [1] Industry Trends - The partnership reflects a broader trend in the automotive industry towards electrification and the increasing demand for commercial electric vehicles [1] - This development is part of a larger shift in Vietnam's automotive sector, which is increasingly focusing on electric mobility and sustainable energy solutions [1]